StockIceMan's Weekly Stock Pick
Week of
June 25, 2007
| Stock: |
Kodiak Oil and Gas
Corporation |
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| Ticker Symbol: |
KOG - AMEX - Oil and Gas |
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| Buy: |
5.50 to 5.75 |
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| Sell: |
7.00 |
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Info: |
Kodiak Oil & Gas Corp.
engages in the exploration, exploitation,
development, acquisition, and production of
natural gas and crude oil in the western United
States. Its oil and natural gas reserves and
operations are located in two Rocky Mountain
Basins in the United States. The company
explores for natural gas in the Green River
Basin in Wyoming and Colorado; and in the
Williston Basin in Montana and North Dakota. As
of December 31, 2006, its total proved reserves
comprised 532.9 MBbls of oil and 2,402.4 MMcf of
gas. The company was incorporated in 1972 as
Pacific Talc, Ltd. and changed its name to
Columbia Copper Company, Ltd. in 1998. Further,
it changed its name to Kodiak Oil & Gas Corp. in
2001. Kodiak Oil & Gas is headquartered in
Denver, Colorado |
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| Financial Info: |
For the three months
ending 3/31/2007, revenues totaled $2.14 million
while net loss totaled $ 14.4 million.
Cash balance: 42.03 million Accounts
Payable: 2.22 million LT Debt: None |
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| Key Ratios: |
Current
Ratio: 19.913, Total Debt/Equity: N/A, Trailing
P/E: N/A, Forward P/E: 191.33x, Price/Book:
5.58 , Price/Sales: 103.40 |
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| Share Info: |
There are 87.57
million shares outstanding with 69.91
million shares in the trading
float. Institutions own
approximately 49.60% of the shares outstanding.
There have been no insider purchases or sales
in the last three months.
Real-Time SEC
Filings
As of 5/10/2007, there were 5.47 million shares short.
Net Institutional Buying: 25.84 million shares prior to latest
quarter. |
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| Articles: |
Kodiak Oil & Gas Updates
Operations
Coverage initiated on
Kodiak Oil & Gas by AG Edwards
Kodiak Oil & Gas Corp.
Reports First Quarter 2007 Financial and
Operational Results |
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